Examples of LIBOR Rate Revolving Loan in a sentence
Each notice of borrowing shall be irrevocable by and binding on Borrower, and if such notice requests the borrowing of a LIBOR Rate Revolving Loan, such notice shall state the Interest Period with respect thereto.
The Office for the Coordination of Humanitarian Affairs registered the forced mass displacement of more than 7,400 persons (33 per cent from indigenous communities) in seven Departments, bringing the total of mass displaced persons so far in 2021 to 29,000 (an increase of 101 per cent compared with the same period last year).
So, for example, the prices for mining include the prices for petroleum, non-metallic mineral products and metal products.
After giving effect to any Borrowing, conversion, or continuation of any LIBOR Rate Revolving Loan, there may not be more than twelve (12) different Interest Periods in effect hereunder; provided that in its discretion the Administrative Agent may agree to permit the Borrowers to maintain more than twelve (12) different Interest Periods in effect hereunder.
Notwithstanding anything to the contrary contained in this Agreement, unless so directed by a Borrower, or unless an Event of Default is in existence, neither the Agent nor any Lender shall apply any payment which it receives to any LIBOR Rate Revolving Loan except (a) on the expiration date of the Interest Period applicable to any such LIBOR Rate Revolving Loan, or (b) in the event, and only to the extent, that there are no outstanding Base Rate Revolving Loans.
If the Agent determines that for any reason adequate and reasonable means do not exist for determining the LIBOR Rate for any requested Interest Period with respect to a proposed LIBOR Rate Revolving Loan, or that the LIBOR Rate for any requested Interest Period with respect to a proposed LIBOR Rate Revolving Loan does not adequately and fairly reflect the cost to the Lenders of funding such Loan, the Agent will promptly so notify LS&Co and each Lender.
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For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a "Revolving Loan" or "Term Loan") or by Type (e.g., a "Base Rate Loan" or a "LIBOR Rate Loan") or by Class and Type (e.g., a "LIBOR Rate Revolving Loan" or a "Base Rate Revolving Loan").
If the Agent determines that for any reason adequate and reasonable means do not exist for determining the LIBOR Rate for any requested Interest Period with respect to a proposed LIBOR Rate Revolving Loan, or that the LIBOR Rate for any requested Interest Period with respect to a proposed LIBOR Rate Revolving Loan does not adequately and fairly reflect the cost to the Lenders of funding such Revolving Loan, the Agent will promptly so notify the Borrower and each Lender.
The Argentina- Sweden BIT entered into force on September 28, 1992, one year before the Argentina-Germany BIT.